which way for biolife solutions?

which way for biolife solutions?


July 2021


Alex Cole

Biolife Solutions is consolidating after making strong gains since the beginning of June.

The reduced volatility shows that there is little momentum and that has caused the climbing grid of the GoNoGo Squeeze to climb to its maximum.  We expect after an extended squeeze that the ensuing move can be significant.  All else being equal, the trend is a "go" so the expectation is the oscillator will break out of the squeeze into positive territory.